Aperam S.A. / Key word(s): Sustainability
Aperam S.A.: Aperam announces its 2030 environmental objectives and ambition
to be carbon neutral in its European operations by 2050, contributing to the
European Commission's Green Deal
16-Dec-2019 / 07:01 CET/CEST
Luxembourg December 16, 2019 (07:00 CET) - Aperam, the world's greenest
stainless steel producer, announces today its targets to significantly
reduce its environmental footprint by 2030, and its ambition to become
carbon neutral in its European operations by 2050. Aperam is convinced that
it can materially improve its environmental performance by following its
strategic roadmap considering new technical solutions and the development of
public policies.
The 2030 objectives against the 2015 baseline are:
-15% CO2 emissions,
-11% energy usage (electricity and natural gas),
-40% water intake,
-70% in dust emissions, and
target waste recycling rate >97%
These targets are replacing the Company's 2020 objectives, on which
substantial progress was made already. Aperam will continue to report on its
advancement on a yearly basis in its Sustainability report (Sustainability
Report 2018: Link [1]). The 2030 targets will also be integrated into
site-level management objectives.
Commenting, Aperam CEO Tim di Maulo said:
"Aperam is the world's greenest stainless steel producer thanks to its
European production route based on fully recyclable stainless steel scrap,
and the use of charcoal from our sustainably cultivated forests in Brazil.
The full recyclability of our products, combined with our reliable and safe
production process makes Aperam's products a key building block for a
sustainable future and a perfect example of circular economy. We are
convinced that our environmental excellence, together with best practices in
terms of ethics, governance, community engagement, and corporate citizenship
are becoming increasingly more important to our stakeholders and a
differentiating factor. Aperam joined ResponsibleSteel in May 2019 and
will start the certification process to ultimately assure all its
stakeholders that sustainability is truly embedded in our products and part
of our Company's vision.
Today's announcement of targeting carbon neutrality is a strong signal that
we aim to go much beyond our new set of goals for 2030 and work towards the
objective of the Paris Agreement (COP 21) to reduce global warming below
2?C. To achieve carbon neutrality, Aperam is building a strategic roadmap
linked to the developments in low-emissions steelmaking technologies. Aperam
has also implemented an internal price for CO2 which is being applied to all
investment appraisals since 2016.
Finally, a set of public policies to develop clean energy and restore a
global level playing field is another key element for reducing global
warming. Vast amounts of stainless steel with an embedded CO2 footprint of 4
to 5 times that of domestically produced material are imported into the
European Union. This material has a large environmental impact on our planet
but is displacing products that are responsibly produced by the European
stainless steel industry. The situation is unsustainable and detrimental to
the European Commission's Green Deal, which Aperam is supporting."
About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with
customers in over 40 countries. The business is organized in three primary
operating segments: Stainless & Electrical Steel, Services & Solutions and
Alloys & Specialties.
Aperam has a flat Stainless and Electrical steel capacity of 2.5 million
tonnes in Brazil and Europe and is a leader in high value specialty
products. In addition to its industrial network, spread over six production
facilities in Brazil, Belgium and France,
Aperam has a highly integrated distribution, processing and services network
and a unique capability to produce stainless and special steels from low
cost biomass (charcoal made from its own FSC-certified forestry).
In 2018, Aperam had sales of EUR 4,677 million and steel shipments of 1.97
million tonnes with an average carbon footprint 0.49[1] tons of CO2e per ton
of slabs, making it the world's greenest stainless steel producer.
For further information, please refer to our website at www.aperam.com [2].
Contact
Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Investor Relations / Thorsten Zimmermann: +352 27 36 27 304
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[1] Reviewed by an external audit firm: Deloitte Audit s.à.r.l., (Scope 1+2)
Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
936433 16-Dec-2019 CET/CEST
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2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1bef17cfdce443865842e74d363dc480&application_id=936433&site_id=vwd&application_name=news
(END) Dow Jones Newswires
December 16, 2019 01:02 ET (06:02 GMT)
